What are the benefits under Act 766? – SSNIT

What are the benefits under Act 766?

Published on 01 December, 2015.

There are four (4) types of benefit under the SSNIT scheme that members can enjoy depending on which contingency has occurred.

Superannuation Pension/ Old age Pension
Invalidity Pension
Survivor’s Lump sum.
Emigration benefit

The New Pension Scheme (FAQ)

What is this new Pension Scheme?

Why the New Pensions Act, 2008?

What is The 3-Tier Scheme

What are the contribution rates and how are they distributed between the Employer and Employee?

Who can become a member?

Who is exempted from the Act 766?

What are the features of the scheme?

What are the benefits under Act 766?

What are the qualifying conditions for the Superannuation Pension?

What are the qualifying conditions for the Invalidity Pension?

What are the qualifying conditions for the Survivor's Lumpsum Benefit?

What are the workers' obligation?

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What are the employer's obligation under Act 766?

Can the self-employed or any contributor fix any arbitrary salary for himself?

What is Pension?

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What is a Trust?

Who is a trustee?

What is a Pensioner's Certificate?

Under the Social Security Pension Scheme What information can you update?